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Reggie Middleton On CNBC at 2:40pm Discussing The Success Of His Google Pick
See me on CNBC at 2:40 pm today as I discuss my winning (thus far) of the CNBC Stock Draft contest for 2012. The alternative fringe meets the MSM?
cnbc_draft_pick_collage
The CNBC Stock Draft for 2012 is now 5 months in and it looks as if fundamentals are ruling the day. If you recall, CNBC called in 12 recognized traders, asset managers, analysts and pundits to choose the public stock that they feel would perform the best between that date (April) and the Super Bowl. Unfortunately, shorting was not allowed, for I was quite bullish on Google (Many Don't Understand The Google/Apple/Microsoft) and quite bearish on Facebook (On Top Of The 2x-10x Return Had Off Of BoomBustBlog Facebook) and Research in Motion (Hindsight Is 20/20, And As Luck Has It Our Foresight On Research in Motion).
stock challenge
For those interested in my more recent thoughts on the Google - Apple thing, see my post from yesterday - Here's The Reason Apple Has The Litigation Hots For It's Biggest Vendor: The Galaxy S3 Has Overtook The iPhone As Top Selling Smartphone. Previous posts on the CNBC Stock Challenge:
- A Realistic Look At The Companies In The CNBC ...
- Reggie Middleton on CNBC Stock Challenge... I'm at 5:28 discussing Google.
- Additional commentary and footage...
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OOPS!!!
I don't doubt Reggie's analysis on Apple (obviously Apple!), but all I know is that it's up 26% since May 18th compared to Google's 9.5%. But if he's got a high aggregate returns to compensate for picks such as Apple, then you can't really complain (as a client).
At the end of the day all that matters is the price.
This google/apple/rimm act is getting very weak and laboured.
Fundamentals is the reason Apple stock price has about quintupled in 5 years to nearly 700 bucks a share, right?
Fundamentals my ass. The only funamentals that matter are which funds are rigging the game. A good analyst would have told you the game was rigged spring 2011 and told you to get longer than Ron Jeremy on AAPL.
Yea.. To all you gauking at how great crapple is... lets see how that bloated piece of shit goes in a non manipulated, non fed (if there ever was) market. Or at least in a market that has true price discovery and not a gamed fraud. Really. Get back to me on that if it ever happens. People you own a fad. Fads long term dont work. Book it..until then shut the fuck up. ..
I wish you told me that 8 years ago when I invested in it. I better shut the fuck up
There is no such as a straight, non-Fed market. Period. Wah, wah, AAPL sucks. You could have quintupled your money if you bought and hold AAPL for 5, 6 years. You could have doubled it in the past year.
Tall me, Raven Middleton, how sour are the AAPL grapes?
Every time I read the comments I'm reminded of "Mike and the Mad Dog." It's that stupid.
rufusleaking: "Every time I read the comments"
Next time you're tempted, imagine yourself on the john trying not to look at the writing on the wall.
Its about the same level of discourse
Hey Reggie, you seem like a good dude. You looked good on there today. More importantly while Cramer was acting like an asshole you looked self assured and in doing so made him look even worse than he usually does.
fuck...i am still long pets.com and short apple.
Google... hmmm, bad call Reggie.
1) What is their Android revenue?
2) What will be their royalties to MS and Apple?
3) Google is losing all maps and access to iOS and MS8
4) Microsoft is coming to town
5) iPads just grow and grow and grow.
Reggies put down your money right now... this instance.
What is your call for Apple vs Google and their stock price in say November???
Meanwhile, we are getting a lot of business from the medical profession. For the first time ever, Doctors are buying and using a computer... a retina display iPad. This is very big news and is driving a lot of our development.
Cheers
1) What is their Android revenue?
I've been asking him that for weeks... it's the surest and possibly only way to shut him up
maybe he needs to get so many barrels of red ink to quantify Goonbubbles losses trashing their way to market share he just hasn't the time to reply
Reggie,
The problem is when you were touting GOOG at 660 and warning about AAPL at 280. GOOG has been dead money while AAPL has more than doubled.
That must be his idea of a "winning pick".
"The success of his GOOG pick"???? Are you fucking serious?
GOOG was trading at $747 in November of 2007 and today it's at $680.
Meanwhile, Reggie's most notable punching bag AAPL has, in that same period of time, gone from $150 to $670 today.
Yeah...great pick Reggie.
Do you also brag about your Kentucky Derby pick coming in fourth place?
This constant self congratulatory strutting about is far far far beyond being merely distasteful. It has ventured into the realm of the delusions of grandeur.
We'll see in October when the trial of GOOG v. VRNG happens. I'm betting Google will settle out of court.
Reggie Middleton On CNBC Discussing The Success Of His Google Pick
Reggie on CNBC discussing his all-consuming blind love of personal privacy spy-bot, ultra-nosey electro-thug, Goofball
there, fixed it
Reggie I hope your Christmas wish comes true and you're plugged into the Monopolist Matrix soon. You've sure done enough a** licking and muck-raking to fully qualify
sparks shall fly
Hmm. So how much money would you have lost if you had followed Reggie's bear calls on Apple that he started making several years ago? The same analysis over and over and over and over. Eventually it'll be right, sure, but this is boring.
In all fairness to Reggie, he only made it publicly known JUST once he shorted AAPL prior to earnings (and was correct!) because he is well aware of the typical sandbagging by AAPL with their estimates/quarterly results. C'mon - is it REALLY surprise AAPL "blows" aways earnings when their internal folks always set the bar so low?
With that said, Reggie still makes a much more convincing argument that GOOG > AAPL in the long run. There's nothing wrong with this analysis, but just because the results doesn't translate into a lower stock price (yet) doesn't mean he's incorrect.
Analysis is just a means to an end (anyway, order flow is what moves price). It's about making money and not about being 'proven right'. I suspect if Apple falls it will be pulled down in a storm, not by fundamentals.
When talking about a stock...yes, some of us do think that the stock PRICE is more than a little relevant.
Otherwise...what was he doing? Warning people to stay away from AAPL because the stock price might rise?
Homer "...just because the results doesn't translate into a lower stock price (yet) doesn't mean he's incorrect."
Er, yes it does actually.
Reggie was wrong throughout 2011 as Apples shareprice doubled and Googles stood still like a frozen turkey, overtaken by the cool King of Tek. Reggie couldn't have been more wrong on BOTH shareprices (is that a 200% compounded failure?)
and when he was wrong on both counts he threw his toys outta the pram and claimed investors were delusional for not seeing it as he did
when you say he's not incorrect "yet" is that like bubble Ben saying the failure of money printing should not be judged yet, the results will come sometime in the distant future if we all just whistle Dixie while we wait?
not good enough. We can all say something might arrive in the future meanwhile we all get slaughtered in the here and now ...as Reggie has been on the share prices, hammered into the ground
How many people were dissuaded from investing in AAPL by him?
Did he "save them" from a fatal error? Did he make them money suggesting GOOG instead?
...and then there is the constant "I told you so's"...that shit has gotten beyond tiresome.
I used to look forward to reading his posts here on ZH...Now they just annoy the living shit out of me.
How many people were dissuaded from investing in AAPL by him?
If you were at all influenced by what Reggie puts up on the boards WITHOUT taking out a subscription to see what he is actually are talking about then you deserve to lose everything including your spouse to their divorce attorney. PT Barnum was right...
It would not be good strategy to put out non-paid information that people look at and lose money off of - while putting out a winning strategy that is paid. How many people will go and pay if they lost money on the readily available strategy?
I believe the crap is going to hit the fan in the stock market. It has nothing to do with fundamentals and everything to do with the election.
If "they" want "him" out, the market is going to hit the floor and probably this month just to prove to "him" what "they" can do. Then if "he" does not come to "their" side, the market will hit the skids until after "their" new beeeotch is elected.
I spend a day away from the web and the non-reading, tabloidal, Apple trolls take over... spreading misinformation and insult along the way. I don't put out money losing information that differs from what people pay for. Nearly everything that I put out for free about Apple has turned out to be correct. Notice how nearly none of the "bashers" posting here has commented on that. It has been quite accurate, but it is not investment advice, it is simply my opinion on the matters at hand. There is a difference, and on top of the difference being distinct, I find those who troll on these boards to be quite disingenious (to put it as nicely as I can). Except for the one time when I publicly announced that I was going to short Apple (after which its shares did dip), I have never even mentioned share price. I publicly comment on the company for free, and sell my investment opinion and research behind a paywall.
If you cannot see, nor admit, that I have been correct in mh Apple proclamations in public, mayhap you should not be investing. If you believe that I have been giving out investment advice on Apple without compensation, mayhap you should return to your Goldman Sachs broker, for their business model is keenly suited for the mentality for which you possess.
I don't comment on share prices in public, because I run a subscription site and that is part and parcel of what I sell. Simple as that. The subscription material has been rather accurate as well, and includes share price content.
Since these comment boards are not brimming over with people who have sent me a check for free, I don't see what so hard to understand about my not giving out my hard earned research for free. Anybody who disagrees is quite free to send me a free check for $2k of more. Simply email me for the PO Box number to mail it to.
As another commenter quipped, if one wants actionable advice, one would do best to pay for it. If one wants freely available opinion, then the open section of ZH or BoomBustBlog is a good place to go. Since I don't give investment advice out to the open public, I think its best no one consider my free opinion as such - particularly once it has been made clear that I sell it.
Pathetic. The spin doctor can't even admit that he's been wrong. Reggie, we can think for ourselves and don't need to pay for "actionable advice". All anyone had to do is invest in the one stock you have been railing against=>Apple. People could become wildly rich by investing in the one stock you have made it your mission in life to bash.
Folks, there is plenty of free advice out there. I've given FREE actionable advice on these boards that can easily be tracked. All have made money.
Reggie, you can only benefit from people taking the same trade as you after you have made it. And if your so damn good at it you don't need people to pay you for your advice. You're making a killing anyway right?
What is pathetic is your inability to grasp what it is you are commenting on. Did the comment you are replying to make it very clear that I was not opining on a stock, but a company and its strategic position? Nevertheless, you ignore that and go back to your already proven inaccurate argument.
Listen, I don't have the time to sit here on ZH comment boards going back and forth with trolls. Let's do it this way... If you don't like what I do, or how I do it, or its resulst, just don't read or comment on my posts.
Act like you have a life and something productive to do other than sit around and troll guys who are busy and active. Catch the hint? I will be signing off here to construct the next post for BoomBustBlog and ZH. I'd appreciate no more trolling but if you do, it should be apparent to everyone else you have nothing better to do with your time.
Reggie,
I like you, I really do, as you have the balls to put yourself out there...but "CNBC Stock Challenge"??
Isn't that like the next step down from Special Olympics?
Careful not to jump the shark my man...truly constructive criticism.
It's a long story, but I hear 'ya.
to be fair you've made some good calls on Apple v Gluefactory and some crap (will you ever live down the shareprice hammering you got?)
but you picked the fight Reggie. Not only did you start it you just chug along talking your cherry-picked biased crap adding fuel to the flames
if you don't like the heat, well like your free advise, dropping the Goofball-pandering and Apple-bashng is also a free decision for you to take ...go bore your paying subscribers with it
before you leave, what's the red ink numbers on Googles losses for Android?
They must be pissing blood (red ink) but in your rose tinted eulogies of this dinosaur we never hear a squeek or whimper from you ...weird!
And how much is it costing Goonbubble in corruption and brown envelopes to keep competition commissioners off their backs across Western markets dumping Android to market share? You're as mute on that as the shoddy regulators Reggie, cat got your tongue?
Tho the comment sections are a laugh and a hoot after a Reggie Middleton post, as people react to Mr Salesman Reggie and his chest-thumping
Reggie's short position on Apple is irreversible....Mario Draghi
SilverTree @ 16:32 mocking Reggie On ZH...
Look at me! look at me!
Fundamentals my ass, its all FED pumps and candy canes.